BCE Dividend
Dividend criteria checks 4/6
BCE is a dividend paying company with a current yield of 8.94%. Next payment date is on 1st August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
8.9%
Dividend yield
203%
Payout ratio
Industry average yield | 7.9% |
Next dividend pay date | 01 Aug 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | CA$1.92 |
Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BCE.PRF's dividends per share have been stable in the past 10 years.
Growing Dividend: BCE.PRF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
BCE Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BCE.PRF) | 8.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Telecom) | 7.9% |
Analyst forecast in 3 Years (BCE.PRF) | 9.3% |
Notable Dividend: BCE.PRF's dividend (8.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: BCE.PRF's dividend (8.94%) is in the top 25% of dividend payers in the Canadian market (6.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (203%), BCE.PRF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (119%), BCE.PRF's dividend payments are not well covered by cash flows.